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Postcode Overview
of B31 2LU
B31 2LU is a residential postcode located on Church Road, Northfield, Birmingham, B31. It is the 732nd largest postcode in the B31 area.
It contains 27 residential addresses consisting of 1 house, 16 flats and 10 unknown and the most common type of property is a mid-century flat built between 1936 and 1979.
Average property prices
in B31 2LU
The average house value is £95,396. Sales values have increased in the last 12 months by 4.1% and Rental values have increased by 2.7%.
Property sale values range from £81,353 for a leasehold flat, with 1 bedrooms split across 452 square feet of gross internal area and has no outside space to £619,807 for a freehold house, with 5 bedrooms split across 2,034 square feet of gross internal area and has a garden.
Average £/ft2 for properties in B31 2LU is £165/ft2.
Properties achieve a rental yield of between 2.8% and 8.5%, and rental values range from £577 to £1,494 per month.
Recent sales
within B31 2LU
The last sale was 29 Aug 2023 for £605,000 and since then the market in the area has increased by 3.9%. The postcode has had a total of 4 sales since 1995.
B31 2LU has seen 2 sales in the last three years and no sales in the last twelve months.
Nearby postcodes
to B31 2LU
B31 2LU is the 732nd largest and the 42nd most expensive postcode out of the 1,126 postcodes in the B31 area.
Nearby postcodes
to B31 2LU
B31 2LU is the 732nd largest and the 42nd most expensive postcode out of the 1,126 postcodes in the B31 area.
Property types
in B31 2LU
B31 2LU is a residential postcode located on Church Road, Northfield, Birmingham, B31 with 1 house, 16 flats and 10 unknown within its bounds.
The most common property type in B31 2LU is a mid-century flat built between 1936 and 1979.
Energy Efficiency
of properties within B31 2LU
The homes with certificates are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being D.
Schools nearby
to B31 2LU
Public transport nearby
to B31 2LU
The closest station to B31 2LU is Northfield station which is 500 metres away.
